2118 Peppertree Way 4, Antioch, California 94509, Antioch, - bed, bath
ACTIVE$145,000
2118 Peppertree Way 4, Antioch, California 94509
2Beds
1Bath
925Sqft
Lot
Year Built
1969
Close
-
List price
$145K
Original List price
$145K
Price/Sqft
-
HOA
$622
Days on market
-
Sold On
-
MLS number
41107463
Home ConditionFair
Features
Pool
View-
About this home
Discover this well-maintained 2-bedroom, 1-bath upstairs unit at 2118 Peppertree Way, Unit 4 in Antioch. Currently rented for $1,750/month to a reliable long-term tenant, this property offers immediate cash flow and low-maintenance ownership. Conveniently located near shopping, schools, public transportation, and freeway access, it’s a perfect entry point for investors or a great addition to an established portfolio.
Nearby schools
2/10
Marsh Elementary School
Public,•K-5•0.4mi
2/10
Park Middle School
Public,•6-8•0.8mi
3/10
Antioch High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
08/07/25
Listing
$145,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (10 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 1 | 50% |
| Square foot | 925 | 923 | 55% |
| Lot Size | 0 | 0 | |
| Price | $145K | $150K | 36% |
| Price per square foot | $157 | $182 | 36% |
| Built year | 1969 | 1969 | 50% |
| HOA | $622 | $524 | 55% |
| Days on market | 90 | 141 | 18% |
Condition Rating
Fair
Built in 1969, this property shows signs of being well-maintained but has not undergone a recent major renovation. The kitchen features dated dark wood cabinets, granite-look laminate countertops, older white appliances (including a coil-top electric range), and vinyl flooring. Interior lighting fixtures and ceiling fans are also outdated. While the laminate flooring throughout the living areas and bedrooms appears clean and functional, the overall aesthetic and components suggest updates were likely done 15-25 years ago, making it functional but significantly behind current styles and quality standards. It is livable and maintained, but requires minor updates to modernize.
Pros & Cons
Pros
Guaranteed Rental Income: The property is currently rented for $1,750/month to a reliable long-term tenant, offering immediate and stable cash flow for investors.
Low-Maintenance Investment: Described as a 'low-maintenance ownership' opportunity, making it attractive for investors seeking passive income without extensive upkeep.
Strategic Location: Conveniently located near essential amenities including shopping, schools, public transportation, and freeway access, enhancing its appeal to tenants.
Affordable Entry Point: With a list price of $145,000, this condominium presents an accessible and attractive investment opportunity or entry point into the market.
Well-Maintained Unit: The unit is described as 'well-maintained,' suggesting good condition and potentially fewer immediate repair or renovation expenses for the new owner.
Cons
High Association Fee: A monthly association fee of $622 is substantial and will significantly impact the net operating income for an investor or the overall cost of ownership.
Older Construction: Built in 1969, the property is over 50 years old, which may lead to potential future maintenance issues or outdated systems compared to newer constructions.
Average School Ratings: Nearby elementary and middle schools have ratings of 2, and the high school has a rating of 3, which could be a drawback for families prioritizing top-rated educational institutions.